Optimistic pricing? LOL you decide
04-12-2011, 01:42 PM
#3
Race Car
Thread Starter
15's were standard in 1987 IIRC. I understand that the prices from Sloan are a joke but thats over the top. It would take all of 5 minutes to find 1/2 a dozen other 87-89's with miles near that for 20k less.
04-12-2011, 03:10 PM
#5
Drifting
there's an a$$ for every seat.
I actually know a few people that have bought "sloan" cars. because they wanted "the best" One of em ended up rebuilding a low mileage example cause it leaked like a sieve.
I actually know a few people that have bought "sloan" cars. because they wanted "the best" One of em ended up rebuilding a low mileage example cause it leaked like a sieve.
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04-12-2011, 04:29 PM
#9
Sometimes it aint about price. Sometimes I have a thing that I need to pretend like I want to sell. Then I ask money that I'll never get for it. Then I hedge my bet, and raise it a little more. Maybe it's an object of love? But if that' the case, why put a price at all?
04-12-2011, 05:37 PM
#10
Intermediate
Join Date: Jul 2010
Location: Birmingham, Alabama
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In Defense of the Ridiculous
I have to agree, on the face of it, $51,900 is a comical price for an '87 coupe with 21K miles. However, I have to come to Sloan's defense here. No, I'm not going to try and justify this price on this particular car, but specialty resellers like Sloan actually do a beneficial service to Porsche loyalists. Admittedly, the price/value relationship of anything purchased is like beauty, it is entirely in the eye of the beholder. Specialty dealers that find and resell (or consign) very low mile and mostly original examples are targeting a market seldom participated in by the average enthusiast. And, strange as it may seem, there is a market for what many of us would consider wildly overpriced cars. I am both an enthusiast and a collector of air cooled 911's. On the enthusiast side,buy/restore/drive/race
911's, and like everyone else, I have a sense of the market and what the current fair market price of the cars are. On the collector side, everytime I have overpaid
(or so I thought) for a really nice example--I eventually sold it for more than I paid. (The key word here is eventually). In the world of collecting, the old adage holds true; One man's ceiling is another man's floor.
911's, and like everyone else, I have a sense of the market and what the current fair market price of the cars are. On the collector side, everytime I have overpaid
(or so I thought) for a really nice example--I eventually sold it for more than I paid. (The key word here is eventually). In the world of collecting, the old adage holds true; One man's ceiling is another man's floor.
04-12-2011, 05:43 PM
#11
Drifting
04-12-2011, 06:00 PM
#12
I haddah Google dat
Rennlist Member
Rennlist Member
I've got an '84 coupe that eventually will be worth one meelionn dol-larssss. I emphasize the word eventually.
And don't even ask what the 64 cab or 914-6 is worth. Gadaffi couldn't afford those babies.
And don't even ask what the 64 cab or 914-6 is worth. Gadaffi couldn't afford those babies.
04-12-2011, 06:44 PM
#13
Race Car
Thread Starter
I have to agree, on the face of it, $51,900 is a comical price for an '87 coupe with 21K miles. However, I have to come to Sloan's defense here. No, I'm not going to try and justify this price on this particular car, but specialty resellers like Sloan actually do a beneficial service to Porsche loyalists. Admittedly, the price/value relationship of anything purchased is like beauty, it is entirely in the eye of the beholder. Specialty dealers that find and resell (or consign) very low mile and mostly original examples are targeting a market seldom participated in by the average enthusiast. And, strange as it may seem, there is a market for what many of us would consider wildly overpriced cars. I am both an enthusiast and a collector of air cooled 911's. On the enthusiast side,buy/restore/drive/race
911's, and like everyone else, I have a sense of the market and what the current fair market price of the cars are. On the collector side, everytime I have overpaid
(or so I thought) for a really nice example--I eventually sold it for more than I paid. (The key word here is eventually). In the world of collecting, the old adage holds true; One man's ceiling is another man's floor.
911's, and like everyone else, I have a sense of the market and what the current fair market price of the cars are. On the collector side, everytime I have overpaid
(or so I thought) for a really nice example--I eventually sold it for more than I paid. (The key word here is eventually). In the world of collecting, the old adage holds true; One man's ceiling is another man's floor.
I might be able to agree with some of what you say if the price was somewhere in the upper 30’s but at the silly price where this car is listed I don’t care how much money one has that’s a foolish buy. Took all of 4 minutes to dig these up:
http://www.autotrader.com/fyc/vdp.js...standard=false
http://www.autotrader.com/fyc/vdp.js...standard=false
As far as you turning a profit on all of the cars you over paid for, well the internet is a great place huh?
04-12-2011, 08:48 PM
#14
I agree that someone will eventually buy it - likely overseas where the US $ is relatively inexpensive. I have a former car that is on its way to Spain right now; the European market has been picking up US cars for several years.
Anyway, I'll pay that much only for a 89 911 Club Sport - I think Sloan has one (with 14K miles) that is priced at $120K, which even sounds more comical than the subject car. The thing is that I'd enjoy such low mile car much less since I will tend to not drive it. With low mileage street cars, the value seems to be in the low miles. I also have a 1987 car that only has 23K miles; I've only put 600 miles in six months. Although I enjoy it whenever I drive it, there is an increased sense of enjoyment in driving cars without worries of odometer creep or even wear/tear.
Anyway, I'll pay that much only for a 89 911 Club Sport - I think Sloan has one (with 14K miles) that is priced at $120K, which even sounds more comical than the subject car. The thing is that I'd enjoy such low mile car much less since I will tend to not drive it. With low mileage street cars, the value seems to be in the low miles. I also have a 1987 car that only has 23K miles; I've only put 600 miles in six months. Although I enjoy it whenever I drive it, there is an increased sense of enjoyment in driving cars without worries of odometer creep or even wear/tear.
04-12-2011, 09:46 PM
#15
Rennlist Member
Well, that does look absolutely original. The Champagne interior is one you don't see every day. And while $50K+ is crazy, $75K is crazier. It will sell for mid-40's, is my guess.